SPDR SSGA My2031 Corporate Bond ETF (NASDAQ:MYCK) Short Interest Update

SPDR SSGA My2031 Corporate Bond ETF (NASDAQ:MYCK) was the target of a large decline in short interest during the month of June. As of June 30th, there was short interest totaling 254 shares, a decline of 70.3% from the June 15th total of 855 shares. Based on an average daily volume of 4,711 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

SPDR SSGA My2031 Corporate Bond ETF Trading Down 0.1%

SPDR SSGA My2031 Corporate Bond ETF stock traded down $0.03 during mid-day trading on Friday, hitting $24.63. 131,874 shares of the company’s stock were exchanged, compared to its average volume of 6,694. SPDR SSGA My2031 Corporate Bond ETF has a 1-year low of $24.58 and a 1-year high of $25.39. The stock has a 50 day moving average of $24.76 and a two-hundred day moving average of $24.95.

SPDR SSGA My2031 Corporate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were paid a dividend of $0.0921 per share. This represents a c) annualized dividend and a dividend yield of 4.5%. The ex-dividend date was Wednesday, July 1st.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Lido Advisors LLC raised its stake in shares of SPDR SSGA My2031 Corporate Bond ETF by 466.2% in the 1st quarter. Lido Advisors LLC now owns 546,601 shares of the company’s stock valued at $13,613,000 after acquiring an additional 450,069 shares in the last quarter. Jane Street Group LLC boosted its position in SPDR SSGA My2031 Corporate Bond ETF by 238.9% during the first quarter. Jane Street Group LLC now owns 36,325 shares of the company’s stock worth $892,000 after purchasing an additional 25,607 shares during the period. L2 Asset Management LLC bought a new stake in SPDR SSGA My2031 Corporate Bond ETF during the third quarter worth approximately $485,000. Global Financial Private Client LLC grew its holdings in SPDR SSGA My2031 Corporate Bond ETF by 51.1% during the first quarter. Global Financial Private Client LLC now owns 36,905 shares of the company’s stock valued at $919,000 after purchasing an additional 12,480 shares during the last quarter. Finally, Private Advisor Group LLC grew its holdings in SPDR SSGA My2031 Corporate Bond ETF by 57.2% during the first quarter. Private Advisor Group LLC now owns 13,577 shares of the company’s stock valued at $338,000 after purchasing an additional 4,940 shares during the last quarter.

About SPDR SSGA My2031 Corporate Bond ETF

The SPDR SSgA My2031 Corporate Bond ETF (MYCK) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund of investment grade corporate bonds with effective maturities in 2031. Bonds are USD-denominated. MYCK was launched on Sep 23, 2024 and is issued by State Street.